Scott Barkley
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Scott Barkley in Proact Traders,

$EURNZD – channel?

Currently we are 1.6593 after breaking out of the range. We are looking to continue to the 0.214 Fibo @ 1.6671 and stall or bounce there before resumption to the top @ 1.6850.  The average daily true range (ATR) for the pair currently is 142 pips.

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